https://www.taxtmi.com/caselaws?id=427892 The tribunal allowed both appeals filed by the assessee, emphasizing that penalties under section 271(1)(b) of the Income Tax Act should be imposed only when notices are duly served and not responded to. The penalties imposed for non-compliance with statutory notices for Assessment Years 2012-13 and 2013-14 were deleted based on the specific circumstances, including disputes between partners affecting compliance. The CIT(A) partially allowed the appeals by reducing penalties, considering the service and response to notices, ultimately leading to the deletion of penalties by the tribunal. en-us Fri, 16 Sep 2022 00:00:00 +0530 Mon, 19 Sep 2022 09:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427892 The tribunal allowed both appeals filed by the assessee, emphasizing that penalties under section 271(1)(b) of the Income Tax Act should be imposed only when notices are duly served and not responded to. The penalties imposed for non-compliance with statutory notices for Assessment Years 2012-13 and 2013-14 were deleted based on the specific circumstances, including disputes between partners affecting compliance. The CIT(A) partially allowed the appeals by reducing penalties, considering the service and response to notices, ultimately leading to the deletion of penalties by the tribunal. Case-Laws Income Tax Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427892